Bonuses often come hefty wagering requirements which can impact the true value of these offers. At BettingTop10, we’ve developed a wagering calculator that cuts through the noise, highlighting the exact requirements for different bonus offers to help you determine whether they are truly worth depositing for. Below, we explain exactly how to use the wagering calculator.
Wagering Requirements Calculator
Understanding Bonus Wagering Requirements
Bonus offers are generally presented in a heavily favourable light by betting sites, with the focus on the upfront value available to you. However, hidden underneath the catchy tagline are generally numerous terms and conditions, and these can have a significant impact on the actual value of a bonus. These terms are always available for the user but understanding how they affect your chance to clear a bonus isn’t straightforward.
That’s where our wagering requirements calculator can help. It quickly shows the actual expenditure required on a bonus in order to transfer your initial funds into withdrawable winnings, helping users to compare promotions on more than just the advertised value. This calculator solves something that would normally require ten minutes of mental arithmetic almost immediately.
How the Calculator Works
This bonus bet calculator estimates wagering requirements from three inputs: bonus amount, wagering multiplier (e.g. how many times you need to turn over your winnings before it’s made withdrawable), and whether the requirement applies to the deposit and the bonus, or just the bonus.
Once you input these factors, you’ll quickly be shown the total amount you will ultimately need to wager in order to have any withdrawable funds. The wagering calculator will also provide a comparison between different bonus structures, as well as a visual representation of the difficulty of reaching the turnover requirements.
As an example, imagine a deposit bonus in which you have a $50 deposit matched with $50 in bonus bets. If this bonus requires 10x turnover on the deposit and the bonus, this is equal to 10x of $100 (the total amount of the deposit plus the bonus), meaning you have to bet $1,000 in total to have withdrawable funds. In contrast, if it has a 10x turnover on just the bonus, you’ll only need to bet $500 to have withdrawable funds, while if it has a 5x turnover on just the bonus, you’ll only need to bet $250. This makes the wagering requirements calculator especially useful for high‑turnover offers, quickly showing how much you must stake before any withdrawal is possible.
Why Wagering Requirements Matter
Wagering requirements have a major impact on the real value of a bonus and understanding them helps you to avoid being sucked in to utilizing bonuses that you’re never likely to be able to clear. If you receive a $500 deposit bonus with a 40x wagering requirement on the bonus and deposit, this means you’ll need to bet $40,000 on sports and racing before it’s available to withdraw.
Depending on how much you typically bet, this could very easily translate to years of betting – if you ever clear it at all. Calculators like ours help you to immediately identify when a bonus is unsuitable for you and identify which bonuses provide a better option, even if their immediate value is not as high, ensuring you avoid bonuses which are not suited to your style or volume of betting.
Using the Calculator
Wagering requirements determine whether a bonus which might be appealing on the surface is actually appropriate for you, and our wagering requirements calculator gives you the hard and fast numbers required to evaluate the suitability of an offer in seconds. This free tool is available for everyone to use and helps you make informed decisions about bonuses.